Hello, I left in 2004 with 14 years pensionable service. There is a possibility that I may take a reduced pension at 55. Can anyone say what happens to your lump sum, i.e. do you still get one and if so is that reduced pro rate like the pension, 5% per annum? Also do you have to take one, as my amount is only relatively small £5k ish, can you exchange it for a larger pension? Many thanks.